CUB Savings Bank Account (NRE) for Non-resident Indians

Premium account for non-residents who want to remit funds to India and repatriate when required.

  • Account can be opened jointly with a Non Resident on Either or Survivor / Former or Survivor
  • Account can also be opened jointly with a Resident close relative on Former or Survivor basis. The resident joint account holder can operate the account through a Power of Attorney granted by the NRI joint account holder
  • No TDS on Interest.
  • Balance together with interest is fully repatriable
  • FREE ATM VISA Debit Card accepted globally by major commercial establishments
  • FREE CUB Net Banking to enjoy the convenience of online transactions
  • No service charges for inward remittances from abroad
  • Local receipts like rent, dividend, interest can be credited to the account subject to production of Chartered Accountant certificate
  • Funds can be transferred from NRE / FCNR Accounts and transferred to NRE/FCNR.
  • Funds can also be transferred from NRO subject to extant RBI guidelines from time to time.
  • Conversion of foreign currency into Indian Rupees or vice versa will attract GST as per GOI notification
  • Attractive rates on daily closing balances
  • Click here to download opening form
  • Click here to know current interest rate
  • For queries, contact us - nri@cityunionbank.com

Last Updated on: 30-12-2022 01:56:38 PM

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